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offsite link On The Decline and Fall of The American Empire and Socialism Sat Jan 26, 2019 01:52 | S. Duncan

offsite link What is Dogmatism and Why Does It Matter? Wed Mar 21, 2018 08:10 | Sylvia Smith

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offsite link Fake News: The Epistemology of Media Wed Jun 07, 2017 11:52 | Gavin Mendel-Gleason

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Public Inquiry
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The Saker
A bird's eye view of the vineyard

offsite link President Putin?s Speech at the Shanghai Cooperation Organisation Heads of State Council Meeting Sun Jun 16, 2019 00:01 | Scott
June 14, 2019 http://en.kremlin.ru/events... President of Russia Vladimir Putin: Mr President of Kyrgyzstan, colleagues, I certainly agree with the positive assessments of the activities of our organisation, the SCO, which have just been voiced here. The SCO is indeed

offsite link Moveable Feast Cafe 2019/06/15 ? Open Thread Sat Jun 15, 2019 10:30 | Herb Swanson
2019/06/15 09:30:01Welcome to the ‘Moveable Feast Cafe’. The ‘Moveable Feast’ is an open thread where readers can post wide ranging observations, articles, rants, off topic and have animate discussions of

offsite link ?Nuclear Armageddon? and Geopolitical Simulacrum Sat Jun 15, 2019 08:00 | The Saker
by Ollie Richardson for The Saker Blog As I have now come to expect, some of the comments posted beneath my last article (and if to be honest, beneath any

offsite link The Poles are braver than the Russians! The President of Poland Sat Jun 15, 2019 04:15 | Scott
by Ruslan Ostashko Translation and subtitles by Eugenia

offsite link The curious case of the tankers Fri Jun 14, 2019 16:49 | The Saker
by Nat South for The Saker Blog I have taken the opportunity to look at the recent incident involving two outbound tankers in the Gulf of Oman. I have got

The Saker >>

IMF Says Global Economy Faces a "Delicate Moment"

category international | elections / politics | press release author Tuesday April 09, 2019 19:54author by Jubilee USA Network Report this post to the editors

As world leaders, finance ministers, business leaders and development groups gather for the Spring International Monetary Fund and World Bank meetings, the IMF raises fresh concerns about the global economy. The IMF releases the biannual World Economic Outlook Report noting a slowdown in global growth and focusing on economic challenges that include unsustainable debt, trade tensions and the impact of natural disasters on the financial system.

Washington DC - As world leaders, finance ministers, business leaders and development groups gather for the Spring International Monetary Fund and World Bank meetings, the IMF raises fresh concerns about the global economy. The IMF releases the biannual World Economic Outlook Report noting a slowdown in global growth and focusing on economic challenges that include unsustainable debt, trade tensions and the impact of natural disasters on the financial system.

"For several years now, the IMF continues to raise concerns over possible financial crisis and economic stability," noted Jubilee USA Executive Director Eric LeCompte, who tracked IMF meetings and reports for the last 10 years. "While the IMF downplays the possibility of a recession, the IMF analysis argues we could see another recession if we don't address risky behavior, trade tensions and debt concerns."

The IMF report forecasts a downturn in 2019 economic growth from 3.6 percent to 3.3 percent. With heightened concerns of looming debt crises, the IMF joined Jubilee USA and other debt watchdogs to host a major high-level event for meeting attendees on Wednesday, "Tackling the Next Wave of Sovereign Debt Crises." On Friday, Jubilee USA moderates a discussion of Latin American and African groups releasing new reports on debt, "Dealing with Sovereign Debt Distress: Case Studies, Causes and Solutions."

"If we are going to prevent the next financial crisis, we need stronger international and national policies to deal with debt problems, stop risky financial behavior and promote tax and transparency policies that can raise revenue," stated LeCompte.

Jubilee USA Network is an alliance of more than 75 US organizations and 650 faith communities working with 50 Jubilee global partners. Jubilee USA builds an economy that serves, protects and promotes the participation of the most vulnerable. Jubilee USA wins critical global financial reforms and won more than $130 billion in debt relief to benefit the world's poorest people.

www.jubileeusa.org

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